The following information pertains to a manufacturing company for last year:
Planned production
72,000 units
Actual production and sales
70,000 units
Selling price
$ 40 per unit
Variable manufacturing cost
$ 8 per unit
Fixed manufacturing cost
$ 315,000
Variable operating cost
$ 3 per unit
Fixed operating cost
$ 240,000
What would be the production volume variance using the full absorption costing method?